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Tag Archives: Bit Deer

Bit Deer Opens New Crypto Mining Firm in Bhutan

Bit Deer Technologies Group is opening a new crypto mining facility in the Asian country of Bhutan. Bit Deer Sets Its Sights on Asia Bit Deer is a crypto mining firm based in Singapore. Founded by Chinese billionaire Jihan Wu, the company stated that it has recently finished power testing the facility and it will open its doors for BTC extraction purposes. Linghui Kong – the CEO of Bit Deer – said in a recent statement: Our Gedu data center, nestled in the serene...

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Texas Paid Crypto Mining Firm a Lot of Money to Shut Its Machines Off

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In early 2021, the state of Texas paid a bitcoin mining company called Bit Deer approximately $175,000 per hour. Texas Doled Out Cash for No Work For what purpose, you ask? Well, it wasn’t because the Lone Star State wanted to gain access to mined BTC units. It wasn’t to create jobs, and it wasn’t to help build...

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Rockdale, TX Is Causing a Fight Between BTC Miners

The town of Rockdale, Texas is small and doesn’t have much of a population. It may not seem like the city has much to offer, but for bitcoin miners, the amount of open space combined with low energy costs is a dream come true, and two big companies – Bit Deer and Riot Blockchain – are duking it out for dominance over the area. Rockdale Is the Envy of Major BTC Miners Both companies are within proximity of each other. In fact, Bit Deer – a division of Bitmain, arguably...

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